Money Tips

A hot summer rings in cheer for pub chain Wetherspoon with profits set to top forecast at £108.1m

A hot summer rings in cheer for pub chain Wetherspoon with profits set to top forecast at £108.1m Pub operator JD Wetherspoon is run by founder and chairman Tim Martin Its sales boost was also driven by England’s successful run in the World Cup But it faces rising costs on several fronts including staff pay […]

Peppa Pig TV firm faces a SECOND shareholder revolt over boss’s 62% pay rise in just 3 years

The boss of the production company behind Peppa Pig faces a second shareholder revolt over fat-cat pay in two years – with his firm set to join a list of 16 facing shame for TWICE defying Theresa May’s orders to curb boardroom excess. Darren Throop, chief executive of Entertainment One, has been slammed by City […]

MIDAS SHARE TIPS UPDATE: Retailer Joules gives investors’ funds some welly

MIDAS SHARE TIPS UPDATE: Retailer Joules gives investors’ funds some welly with the share price up by 78% By Joanne Hart, Financial Mail on Sunday Published: 22:00, 8 September 2018 | Updated: 22:02, 8 September 2018 Joules Group is known for colourful wellies and outdoorsy clothing Britain’s high streets are under pressure, hit by rising […]

Price-cutting frenzy punches a £50m hole in John Lewis profits 

Price-cutting frenzy triggered by House of Fraser’s collapse punches a £50m hole in John Lewis profits The frenzied discounting was triggered in a bid to battle for customers   In another move, John Lewis is launching new ranges of own brand products  It will limit the impact of its price promise because it will not have […]

Mobile phone network Giffgaff’s ‘Gaffer’ is poached to run tradesman search website Checkatrade

Mobile phone network Giffgaff’s ‘Gaffer’ is poached to run tradesman search website Checkatrade The owner of Checkatrade has hired O2 high-flier Mike Fairman Richard Harpin says he wants to turn his firm into a multi-billion tech giant  Checkatrade’s network of tradesmen has grown to 29,000 in the first year By Neil Craven, Financial Mail on […]

Scandal-hit Telit Communications is targeted in a ‘£1bn internet merger’ by Sierra Wireless 

Scandal-hit Telit Communications is targeted in a ‘£1bn internet merger’ by Sierra Wireless City sources say that Sierra Wireless is interested in merging with Telit Both are ‘internet of things’ companies designing communication technology  By Ben Harrington, Financial Mail on Sunday Published: 22:05, 8 September 2018 | Updated: 22:05, 8 September 2018 A Canadian technology […]

Chief at dressmaker Temperley quits over ‘difficult family reasons’

Chief at the Duchess of Cambridge’s favourite dressmaker Temperley quits over ‘difficult family reasons’ CEO Patricia Sancho, who was drafted in last year, has returned to Spain  She has been replaced by Sally Hughes, who has a ‘fantastic background’ It was revealed Temperley had losses of over £19m since it was set up in 2009 […]

The high street gears up for the ‘toughest Christmas period in living memory’

The high street gears up for the ‘toughest Christmas period in living memory’ as traditional stores continue to struggle New figures show that spending at internet stores is continuing to rise sharply  Total spend on clothing online is rising at 10% a year and will reach £18.3bn Experts say this trend is creating a black […]

Murdoch’s last-ditch assault in Sky battle: Mogul hires lobbyists to help seal TV megadeal

Murdoch’s last-ditch assault in Sky battle: Mogul hires lobbyists to help seal TV megadeal The MoS has learned that 21st Century Fox has hired an influential advisory firm It will canvas support among Sky shareholders for its 1400p-a-share bid So far Comcast has offered 1475p a share – beating Murdoch’s bid by 75p  By Ben […]

MPs to quiz bank bosses over the impact of Brexit to financial services

MPs to quiz Citi, JP Morgan, and Barclays bank bosses over the impact of Brexit to financial services Heads of banks will appear on Tuesday in front of MPs led by Nicky Morgan Barclays has so far been broadly neutral on the impact of Brexit  But JP Morgan’s CEO Jamie Dimon has been highly critical […]

MIDAS SHARE TIPS: Should you invest in the PCF Group – a bank that’s also a horsebox expert?

Challenger banks have burst on to the scene in recent years, as regulators tried to inject new life into the industry and make sure customers had more choice.  Some have already been swallowed up by larger players. Some have already fallen short – TSB being a case in point. And many are digital only, which […]

Britain’s biggest water firms pay out £1bn in dividends… but they can’t fix a leak

Britain’s biggest water firms pay out £1bn in dividends… but they can’t fix a leak or cut bills Analysis shows the top nine water suppliers lavished their shareholders They have been criticised for overcharging customers and for wasting water Ofwat is reviewing customer pricing and dividend payments are under scrutiny By Jamie Nimmo, Financial Mail On […]

Why an Oxford academic is suing Royal London for £100,000 over the murder of his mother

Battle: Ali Rizavi is taking insurer Royal London to court for the interest he claims he is owed Acadamic Ali Rizavi is determined to get one of Britain’s biggest insurers to play fair and deliver him full financial justice following the murder of his mother while on a trip to Pakistan nearly six years ago. […]

Our exclusive survey shows how banks are failing to pass on base rate rises to savers 

The extent to which banks, building societies and other savings organisations have cheated savers by not passing on the two increases in Bank base rate can be revealed today. An exhaustive and exclusive survey by The Mail on Sunday of the interest rates that savings institutions are now paying on popular tax-friendly Cash Isas, compared […]